Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$AA, $IRBT, $KMI, $LRCX
Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid.
Below is a list of Wall Street’s Top analysts outlook for Key issues for Friday, as follows:
Alcoa Corp. (NYSE:AA) was reiterated as Outperform and the price target was raised to 71 from 61 at Credit Suisse.
iRobot Corp. (NASDAQ:IRBT) was raised to Overweight from Neutral with a 78 price target at Piper Jaffray.
Kinder Morgan Inc. (NYSE:KMI) Merrill Lynch reiterated its Buy rating and 20 price objective on Kinder Morgan. The consensus analyst target is 21.60.
Lam Research Corp. (NASDAQ:LRCX) was reiterated as Buy with a 235 price target at Argus. The independent research firm noted that the recent sell-off and the 4% drop after earnings have been overdone. Lam Research had a consensus target price of 257.76.
Have a terrific weekend.
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Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.